Property News

Real estate agency raises alarm over unlicensed reps
Over 100,000 real estate agents are operating without a licence in the country, Malaysian Institute of Estate Agents (MIEA) president Lim Boon Ping said. According to the New Straits Times, unlicensed agents outnumbered their authorised counterparts by more than three to one. “While we have seen some reduction over the ... Read More

Penang’s industrial sector looks good over mid-to-long term
The industrial property sector is expected to remain active for the rest of this year, supported by foreign direct investment inflows. Knight Frank Malaysia in a recent statement said the launch of Industry4WRD late last year in response to the digital transformation of the manufacturing sector and its related services ... Read More

Sia Boey rejuvenation project on track
The conservation of the Old Prangin Market, archaeological sites and landscaping of Sia Boey Rejuvenation Project is going on smoothly under Phase Two. Chief Minister Chow Kon Yeow visited the Sia Boey site and was briefed by George Town World Heritage Incorporated (GTWHI) general manager Dr Ang Ming Chee and ... Read More

Penang’s most popular residential areas and projects among homebuyers
Here is a snapshot of the most popular residential areas and projects in Penang among homebuyers. The sales and purchase data are captured from the Valuation and Property Services Department (JPPH) that has been compiled by brickz. This is based on the review period between January 2018 and December 2018 ... Read More

Bukit Mertajam heading to be Penang’s first digital city
Bukit Mertajam is moving towards becoming the first digital city in Penang by August 2020 and will employ a concept that integrates information and communication technology (ICT) devices to monitor its environment, operations and services. The state government's technology partner, Smartviro Sdn Bhd, will undertake the project which aims to provide ... Read More

Property market showing signs of bottoming out
The Malaysian property market is showing signs of bottoming out, underpinned by government-driven initiatives such as the ongoing Home Ownership Campaign 2019 (HOC). Knight Frank Malaysia managing director Sarkunan Subramaniam said in a statement yesterday that Malaysia’s property market is poised to gather more momentum moving into the second half ... Read More

First Phase of IKEA integrated shopping centre to open by end of 2019
We are pleased to announce that IKEA Southeast Asia is now readying to open the first phase of a shopping centre that will be linked directly to our blue-box home furnishing store in Northern Malaysia, bringing a vibrant new mix of retailers to Aspen Vision City. With around 20 units, ... Read More

Tender for detailed design on Gurney Wharf to open in Q4
The state government will call for tender for a detailed design on Gurney Wharf, touted as the state’s seafront park-in-the-city, by end of the year. State Local Government Committee chairman Jagdeep Singh Deo said they would tap into the expertise of both local and international consultants for the design and ... Read More

Strengthen MM2H programme to ease property glut
The Malaysian Institute of Professional Estate Agents and Consultants (MIPEAC) is of the view that encouraging more foreigners to take up the MM2H (Malaysia My Second Home) programme and to invest in Malaysian properties could help ease the glut in the property sector. In a statement today, MIPEAC said it ... Read More

Mont Residence – Limited units available with attractive ownership package!
Mont Residence, a 38-storey lifestyle condominium located on 5.15 acres freehold land in Tanjung Tokong. Featuring 473 condominium units with four well-designed and practical layouts. The project is now completed with limited units left. Call VST Group at 016-459 8080 or 017-332 8382 now to find out more about the attractive ownership package! KEY FEATURES: ... Read More
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- Anyone found the colorful lighting show at Mezzo is an awful sense of design? ..............Peter on Mezzo @ The Light City
- The egress and ingress should be well planned to avoid accidents and congestions. The entrance...Thomas Anthony Samy on Bukit Mertajam market redevelopment enters new phase
- May I knows more details about this project ...KJ on PROPOSED: 982-unit affordable housing development in Air Itam
- May I know when it will be completed? ...Ye_Ji on Sunway Dora – Completing Soon in Bayan Baru!
- strategic location ...Ye_Ji on Sunway Dora – Completing Soon in Bayan Baru!
- This is the real mampu milik home in Penang. Worth viewing and book. For viewing...Veedu Property PG on Taman Ara Damai – A new chapter of modern living in Tasek Gelugor
- @Tommes Tbh Jalan Burma considered pedestrian friendly and bus friendly compare to other suburb. Just...LOL on Legasi @ Burma
- This computer made visual ... where is the neighbourhood in it. Where is Gleneagles Hospital,...Tommes on Legasi @ Burma
- What a waste to build only 16 storey for office tower, since the land is...ALAN CHUNG on Legasi @ Burma
- Anyone know is there any WhatsApp group or Facebook group for the owners of this...CeriaOwner on Ceria D’ Eco Horizon
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OTHER DEVELOPMENTS
- Affordable Housing (Penang Island)
- Butterworth Arena
- Columbia Asia Medical Centre
- Eco-Tourism Hub @ Batu Kawan
- Escape Penang – Eco Theme Park
- GBS @ The Waterfront
- GBS by The Sea
- Gurney Wharf
- IKEA Batu Kawan
- Island Medical CIty
- Kobay Jelutong
- Lin Xiang Xiong Art Gallery
- Linear Waterfront
- Mitsui Outlet Park @ PIA
- One Auto Hub @ Batu Kawan
- Penang Arts District
- Penang Eastern Seafront Development
- Penang Medical & Digital Technology Hub
- Penang Premium Outlets (Design Village)
- Penang Sentral
- Penang South Islands
- Penang Transport Master Plan
- Penang Waterfront Convention Centre
- Penang World City
- PIA Expansion
- Silicon Island
- Teluk Bahang Wellness Resort
- The Ship Campus (ALC College)
- The Top @ Komtar
- Wellness City of Dreams